WSP Sale Purchase Of Stock vs Stock Based Compensation Analysis
WSP Stock | CAD 248.85 1.46 0.59% |
WSP Global financial indicator trend analysis is more than just analyzing WSP Global current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WSP Global is a good investment. Please check the relationship between WSP Global Sale Purchase Of Stock and its Stock Based Compensation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sale Purchase Of Stock vs Stock Based Compensation
Sale Purchase Of Stock vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WSP Global Sale Purchase Of Stock account and Stock Based Compensation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between WSP Global's Sale Purchase Of Stock and Stock Based Compensation is 0.17. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of WSP Global, assuming nothing else is changed. The correlation between historical values of WSP Global's Sale Purchase Of Stock and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of WSP Global are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Sale Purchase Of Stock i.e., WSP Global's Sale Purchase Of Stock and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from WSP Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WSP Global current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, WSP Global's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 28.4 B, while Tax Provision is likely to drop about 127.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80.6M | 119.4M | 249.7M | 262.2M | Depreciation And Amortization | 518.5M | 576.5M | 673.2M | 706.9M |
WSP Global fundamental ratios Correlations
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WSP Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WSP Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.7B | 8.8B | 11.3B | 14.8B | 15.6B | 16.4B | |
Short Long Term Debt Total | 2.5B | 1.6B | 2.8B | 4.1B | 4.3B | 4.5B | |
Other Current Liab | 1.3B | 1.4B | 1.7B | 2.2B | 2.0B | 2.1B | |
Total Current Liabilities | 3.0B | 3.2B | 3.8B | 4.6B | 4.7B | 4.9B | |
Total Stockholder Equity | 3.3B | 4.1B | 4.7B | 6.0B | 6.3B | 6.6B | |
Property Plant And Equipment Net | 1.3B | 1.2B | 1.2B | 1.4B | 1.3B | 1.3B | |
Current Deferred Revenue | 629M | 708.5M | 751.1M | 973.1M | 1.2B | 1.2B | |
Net Debt | 2.2B | 1.2B | 1.9B | 3.6B | 3.9B | 4.1B | |
Retained Earnings | 303.4M | 66.7M | 709.5M | 959.5M | 1.3B | 1.4B | |
Accounts Payable | 608.4M | 509.1M | 765.7M | 1.0B | 1.1B | 1.2B | |
Cash | 255.6M | 437.1M | 927.4M | 495.6M | 378M | 249.3M | |
Non Current Assets Total | 5.4B | 5.5B | 6.9B | 9.8B | 10.2B | 10.7B | |
Cash And Short Term Investments | 370.1M | 555.2M | 1.1B | 603.8M | 501.1M | 286.3M | |
Net Receivables | 2.8B | 2.6B | 3.1B | 4.3B | 4.7B | 4.9B | |
Good Will | 3.6B | 3.7B | 4.8B | 6.8B | 7.2B | 7.5B | |
Common Stock Shares Outstanding | 105.6M | 110.3M | 116.9M | 120.7M | 125.0M | 77.4M | |
Liabilities And Stockholders Equity | 8.7B | 8.8B | 11.3B | 14.8B | 15.6B | 16.4B | |
Non Current Liabilities Total | 2.3B | 1.6B | 2.8B | 4.2B | 4.5B | 4.8B | |
Inventory | 217.3M | (4.1M) | 1.0 | (6.1M) | 0.9 | 0.95 | |
Other Current Assets | 108.3M | 170.5M | 221.8M | 172.2M | 265.5M | 293.5M | |
Other Stockholder Equity | 204.6M | 207.3M | 208.3M | 212.4M | 216.3M | 227.1M | |
Total Liab | 5.3B | 4.8B | 6.6B | 8.8B | 9.2B | 9.7B | |
Property Plant And Equipment Gross | 1.3B | 1.2B | 1.8B | 2.0B | 2.0B | 2.1B | |
Total Current Assets | 3.3B | 3.3B | 4.3B | 5.0B | 5.4B | 5.7B | |
Accumulated Other Comprehensive Income | 70.6M | 412.2M | (54.5M) | 49.7M | (25.3M) | (24.0M) | |
Short Term Debt | 519.5M | 530M | 551.6M | 446.4M | 461.7M | 484.8M | |
Intangible Assets | 355.4M | 275.5M | 549.9M | 1.1B | 1.1B | 1.2B | |
Common Stock Total Equity | 2.6B | 2.7B | 2.8B | 3.4B | 3.9B | 2.2B | |
Common Stock | 2.8B | 3.4B | 3.8B | 4.8B | 4.8B | 2.9B | |
Other Liab | 377.4M | 503.7M | 548.3M | 579.5M | 666.4M | 451.9M | |
Net Tangible Assets | (593.4M) | 73M | (647.7M) | (1.9B) | (1.7B) | (1.6B) | |
Other Assets | 147M | 207M | 254.3M | 414.7M | 476.9M | 500.8M | |
Long Term Debt | 1.1B | 277.3M | 1.5B | 2.8B | 3.1B | 3.2B | |
Long Term Investments | 87.2M | 113.1M | 118M | 120.2M | 125.4M | 105.3M | |
Short Long Term Debt | 307.8M | 296.9M | 297.4M | 173.4M | 204.2M | 215.8M | |
Property Plant Equipment | 1.3B | 1.2B | 1.2B | 1.4B | 1.6B | 1.7B | |
Long Term Debt Total | 1.9B | 1.1B | 2.2B | 3.6B | 4.2B | 4.4B | |
Capital Surpluse | 204.6M | 207.3M | 208.3M | 212.4M | 244.3M | 226.4M |
Pair Trading with WSP Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WSP Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WSP Global will appreciate offsetting losses from the drop in the long position's value.Moving together with WSP Stock
Moving against WSP Stock
The ability to find closely correlated positions to WSP Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WSP Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WSP Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WSP Global to buy it.
The correlation of WSP Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WSP Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WSP Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WSP Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in WSP Stock
Balance Sheet is a snapshot of the financial position of WSP Global at a specified time, usually calculated after every quarter, six months, or one year. WSP Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WSP Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WSP currently owns. An asset can also be divided into two categories, current and non-current.